China Office and State Office: Strengthen the supporting role of investment in consumption, and promote the positive mutual promotion of investment efficiency improvement and consumption expansion and upgrading
On March 16, the Central Office and the State Office issued the "Action Plan for special projects to boost consumption". The plan proposes to strengthen the supporting role of investment in consumption. Better coordinate investment and consumption, expand effective investment in consumer infrastructure, consumer service function improvement, and new consumption business models, and promote the realization of benign mutual promotion of investment efficiency improvement and consumption expansion and upgrading. Investment within the central budget and other efforts support the construction of projects in the fields of education and medical care, skills training, elderly care, culture, tourism and sports, and make up for the shortcomings of public services. Support the issuance of real estate investment trusts (REITs) in the infrastructure sector for eligible projects in the fields of consumption, culture and tourism.
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